Horseracing sport where your allowed to be bent.

The sport of kings.
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Redhead
Posts: 250
Joined: Wed Mar 20, 2013 11:01 am

Tetras wrote:
Wed Apr 07, 2021 3:26 pm
Redhead wrote:
Wed Apr 07, 2021 3:15 pm
Tetras wrote:
Wed Apr 07, 2021 3:14 pm
The lack of prize money probably has something to do with why it's treated differently.
Yes, this encourages bad behaviour by ALL involved. Hence why I said the BHA aren't fit for purpose.
I think this is a situation of "be careful what you wish for", because if prize money is increased, it will come from gambling and the industry has been pushing for a turnover charge, which from what I understand of Aus, it's not great for the exchange, or the bookies, so less opportunity for everyone.

Exhibit A

https://www.racingpost.com/news/entain- ... ing/481826


So, these affordability checks are pushing out pro gamblers as they cannot justify their income as the books wont accept its come from gambling, they ask for other forms of income as evidence, which we cant provide so we get squeezed out. I used to provide liquidity for numerous markets that have been pulled as I was making to big a margin on them. I have had a deposit limit put on my account I found out today as I was topping up for the IPL.

THIS IS TO DRIVE US OUT OF THE GAME

So, how are these checks GOOD for racing?


Because, there are no savvy punters allowed to eat the little fish, the CORPORATIONS & their STAKEHOLDERS will be eating all the little fish instead and then tossing the crumbs to the HRB.


JUST MY OPINION GUYS.
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Derek27
Posts: 10945
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Redhead wrote:
Wed Apr 07, 2021 3:07 pm
The size of the lays in the French Classic were the size you dont see in horse markets, they were 6 figures, why would you be laying a horse with 6 figures at around 6.0 unless you knew something? It wasn't just one either...........

The point of my post was regarding the different blinkered views people have of match fixing/insider trading, its not acceptable to talk in one sport but its accepted in another.

That was all
I'm not saying there wasn't anything underhand going on, obviously I don't know, but you're purely speculating. How many times has a horse been heavily laid only to win? You probably don't count those. Race fixing generally occurs in the lower grade races. I wouldn't expect much of it in a classic.
Tetras
Posts: 73
Joined: Tue Nov 03, 2020 8:23 pm

Redhead wrote:
Wed Apr 07, 2021 3:32 pm
Tetras wrote:
Wed Apr 07, 2021 3:26 pm
Redhead wrote:
Wed Apr 07, 2021 3:15 pm


Yes, this encourages bad behaviour by ALL involved. Hence why I said the BHA aren't fit for purpose.
I think this is a situation of "be careful what you wish for", because if prize money is increased, it will come from gambling and the industry has been pushing for a turnover charge, which from what I understand of Aus, it's not great for the exchange, or the bookies, so less opportunity for everyone.

Exhibit A

https://www.racingpost.com/news/entain- ... ing/481826


So, these affordability checks are pushing out pro gamblers as they cannot justify their income as the books wont accept its come from gambling, they ask for other forms of income as evidence, which we cant provide so we get squeezed out. I used to provide liquidity for numerous markets that have been pulled as I was making to big a margin on them. I have had a deposit limit put on my account I found out today as I was topping up for the IPL.

THIS IS TO DRIVE US OUT OF THE GAME

So, how are these checks GOOD for racing?


Because, there are no savvy punters allowed to eat the little fish, the CORPORATIONS & their STAKEHOLDERS will be eating all the little fish instead and then tossing the crumbs to the HRB.


JUST MY OPINION GUYS.
If you look at the timing in that article, my opinion is that the bookies are doing it to make it look like they have matters in hand, and even make punters mad on purpose, so that there is a push to reduce the scale of the checks.
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Derek27
Posts: 10945
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Redhead wrote:
Wed Apr 07, 2021 3:14 pm
kerza wrote:
Wed Apr 07, 2021 3:04 pm
Redhead wrote:
Wed Apr 07, 2021 2:10 pm
Put on top of all of that you have affordability checks, where the exchange wont accept your source of income is the exchange.................why is the sports betting industry self-destructing?
A little off topic but, have many had issues with this? I would have thought Betfair would accept that your income was from their exchange as they can see the history of the account? If not, this is concerning with all the new affordability checks that are coming into place.
In my opinion and this is just my opinion..........................Betfair are changing the model of the exchange so they are squeezing out the pros and sharps, this means to me anyway that they are now providing MOST of the liquidity and this in turn makes them see certain people as a threat to their profit margin, they must avoid savvy punters. The exchange will end up as nothing more than a glorified sportsbook.
It's the pros and the sharps that make Betfair their income in the form of premium charge. Why would they want to get rid of their income generators?
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ShaunWhite
Posts: 6454
Joined: Sat Sep 03, 2016 3:42 am

Redhead wrote:
Wed Apr 07, 2021 3:07 pm
Put on top of all of that you have affordability checks, where the exchange wont accept your source of income is the exchange.............
Don't affordablily checks only apply when you're depositing? If your source of income is the exchange you only withdraw, I haven't deposited money for years.
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Redhead
Posts: 250
Joined: Wed Mar 20, 2013 11:01 am

ShaunWhite wrote:
Wed Apr 07, 2021 4:07 pm
Redhead wrote:
Wed Apr 07, 2021 3:07 pm
Put on top of all of that you have affordability checks, where the exchange wont accept your source of income is the exchange.............
Don't affordablily checks only apply when you're depositing? If your source of income is the exchange you only withdraw, I haven't deposited money for years.
I only noticed I was limited when trying to top up for the IPL, I dont leave my IPL size trading bank in all year, it goes in then comes out when the tournament has finished or i've had my ass handed to me, which does happen.
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Redhead
Posts: 250
Joined: Wed Mar 20, 2013 11:01 am

Derek27 wrote:
Wed Apr 07, 2021 3:45 pm
Redhead wrote:
Wed Apr 07, 2021 3:14 pm
kerza wrote:
Wed Apr 07, 2021 3:04 pm


A little off topic but, have many had issues with this? I would have thought Betfair would accept that your income was from their exchange as they can see the history of the account? If not, this is concerning with all the new affordability checks that are coming into place.
In my opinion and this is just my opinion..........................Betfair are changing the model of the exchange so they are squeezing out the pros and sharps, this means to me anyway that they are now providing MOST of the liquidity and this in turn makes them see certain people as a threat to their profit margin, they must avoid savvy punters. The exchange will end up as nothing more than a glorified sportsbook.
It's the pros and the sharps that make Betfair their income in the form of premium charge. Why would they want to get rid of their income generators?


Maybe they have worked out they can squeeze more pips for themselves
if other people aren't there squeezing the pips alongside them?
kerza
Posts: 29
Joined: Mon Sep 14, 2020 9:29 am

ShaunWhite wrote:
Wed Apr 07, 2021 4:07 pm
Redhead wrote:
Wed Apr 07, 2021 3:07 pm
Put on top of all of that you have affordability checks, where the exchange wont accept your source of income is the exchange.............
Don't affordablily checks only apply when you're depositing? If your source of income is the exchange you only withdraw, I haven't deposited money for years.
This is what I was thinking... surely affordability checks are only for those who deposit and lose money.
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Realrocknrolla
Posts: 585
Joined: Fri Jun 05, 2020 7:15 pm

I say let them in... more money in the market means more opportunity... stop bitching and find a solution to beat them!
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Derek27
Posts: 10945
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Redhead wrote:
Wed Apr 07, 2021 4:13 pm
Maybe they have worked out they can squeeze more pips for themselves
if other people aren't there squeezing the pips alongside them?
The operative word is "maybe". I don't know why so many people believe what they want to believe and then look for reasoning that's only supported by the word maybe.
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